What lets you create a new presentation by selecting ready-made font color and…

Presentation software separates two different visual-formatting concepts: a reusable, coordinated design scheme (a colour palette, a font pairing for headings and body text, a background style, and a set of graphic or shape effects) that can be applied to an entire presentation in one step, versus a layout hierarchy that only reformats slides already sitting inside an existing presentation.

In PowerPoint, the mechanism that packages exactly that coordinated colour, font, and graphic-effect scheme, and applies it across a brand-new presentation the instant it is chosen (via File > New), is the Design Template — called a Theme in newer Office versions. One selection gives every slide of the fresh deck the same ready-made font colours and graphic effects the question describes.

Contrast with the other options:

• Presentation Template bundles complete sample slide content and layouts built for a specific presentation type, going beyond a pure color-font-effects scheme.

• Master Slide stores the layout and formatting that slides already in a presentation inherit — it edits an existing deck's structure rather than furnishing a brand-new deck's look.

• Animation Scheme applies preset motion — slide transitions and object entrance or exit effects — which governs movement over time, not static colors or graphic styling.

Since the question asks specifically about supplying ready-made colors and effects for a brand-new presentation, the design-template mechanism is the one that fits.